Peru

Promotion of Investment for the Generation of Electricity from Renewable Energies, Legislative Decree No. 1002

Legislative
Law
Passed in 2008
This legislation declares the production of electricity from renewable sources of energy a national priority. It designates the Ministry of Energy and Mines as the implementing authority, which will establish goals specifying a percentage of electricity to be generated by renewable energy sources (excluding hydroelectric and thermal energy), in maximum increments of 5%.

Renewable energy sources will have priority distribution on the energy grid and are defined as: biomass, wind, solar, geothermal, tidal, and hydropower when potential yield does not surpass 20 MW.

The Decree sets out a number of ways in which the government will promote technological investigation and capacity, including the development of a National Plan for the Promotion of Renewal Energies and through co-ordination between regional governments, universities and technical schools, and the National Board of Science, Technology and Technological Innovation.

Lastly, the Legislative Decree modifies existing laws and decrees that regulate energy use in order to further prioritise the consumption of renewable energy.

Documents
from the Grantham Research Institute
from the Grantham Research Institute
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